<span item_type="fundamental" item_id="184d873d1e0f241ac308396a3765fd1a" counter_id="ST/US/LE" env="prod"></span><span item_type="announcement" item_id="558882887442570113" env="prod"></span><p>Revenue: As of FY2026 Q2, the actual value is USD 294.08 M, missing the estimate of USD 322.38 M.</p><p>EPS: As of FY2026 Q2, the actual value is USD -0.12, missing the estimate of USD -0.03.</p><p>EBIT: As of FY2026 Q2, the actual value is USD 3.983 M.</p><p></p><h3>U.S. Digital Segment</h3><ul><li><strong>Net Revenue</strong>: $255.3 million for the second quarter of 2025, a decrease of 5.6% from $270.4 million in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/799288/000095017025113837/le-20250801.htm"></span></li><li><strong>Variable Profit</strong>: $56.7 million in the second quarter of 2025, a decrease from $62.8 million in the second quarter of 2024. Variable profit was 22.2% of net revenue in the second quarter of 2025, down from 23.2% in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/799288/000095017025113837/le-20250801.htm"></span></li></ul><h3>Europe eCommerce</h3><ul><li><strong>Net Revenue</strong>: $19.6 million for the second quarter of 2025, a decrease of 14.8% from $23.0 million in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/799288/000095017025113837/le-20250801.htm"></span></li></ul><h3>Licensing and Retail</h3><ul><li><strong>Net Revenue</strong>: $19.2 million for the second quarter of 2025, a decrease of 19.7% from $23.9 million in the second quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/799288/000095017025113837/le-20250801.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Provided by Operating Activities</strong>: $0.5 million during the year-to-date 2025 compared to $4.9 million during the year-to-date 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/799288/000095017025113837/le-20250801.htm"></span></li><li><strong>Net Cash Used in Investing Activities</strong>: $17.2 million during the year-to-date 2025 compared to $11.5 million during the year-to-date 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/799288/000095017025113837/le-20250801.htm"></span></li><li><strong>Net Cash Provided by Financing Activities</strong>: $22.1 million during the year-to-date 2025 compared to $6.9 million during the year-to-date 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/799288/000095017025113837/le-20250801.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company is focusing on improving promotional productivity and expanding the licensing business to drive gross margin improvements.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/799288/000095017025113837/le-20250801.htm"></span></li><li><strong>Non-Core Business</strong>: The company is exploring strategic alternatives to maximize shareholder value, which includes restructuring efforts and cost optimization initiatives.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/799288/000095017025113837/le-20250801.htm"></span></li></ul>

Lands End | 10-Q: FY2026 Q2 Revenue Misses Estimate at USD 294.08 M